$NKE is dropping hard and the next level is the 0.78 Fib support level at $46, the blue covid low level has been lost and the weak market sentiment has taken over here.
$46 will need to hold next or $NKE is in a lot of pain.
I believe this is a company in a strong undervalued position with a considerable margin of safety at $46.
niorthey
2025-04-04 21:43:08 +0000 UTCniorthey
2025-04-04 13:51:09 +0000 UTC